401(k) · DOL Form 5500 · 2022
Synovus Financial Corp. 401(k) Plan
Data updated 2026-08-25
- $704M
- Total assets Above avg plan size
- 5,008
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $140,523
- Avg per participant Near avg balance/head
Official DOL plan name: Synovus 401(k) Savings Plan · Sponsored by Synovus Financial Corp. · Georgia · Management of Enterprises
$704M in assets, 5,008 participants
Synovus Financial Corp.'s Synovus 401(k) Savings Plan reported $704M in total assets and 5,008 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #1,123 in Management of Enterprises (1,193 peers)
Coverage in Georgia
Synovus 401(k) Savings Plan covers 5,008 participants in Georgia, 4.6x the typical Georgia plan (state average ~1,096 per filing). Assets: $704M.
- #1,123
- in Management of Enterprises (1,193 peers)
- -17.1%
- assets change YoY
- 7.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $145M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Synovus 401(k) Savings Plan's outsized position by total assets
Synovus 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$703,737,085 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Synovus 401(k) Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Synovus 401(k) Savings Plan lands in the large band (5,008 participants).
Published 5500 schedule card
Filing strip 581134883 · Synovus Financial Corp. PY 2022 · 401(k)
Synovus 401(k) Savings Plan · $704M · 5,008 · 98th
- IND $704M
- IND 5,008
- IND 98th
- IND 401(k)
- IND near The Associated Press 401(k) Retirement Savings Plan
- IND ind #1123
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Georgia →
Synovus 401(k) Savings Plan in the asset neighbourhood
Georgia filing particulars
| Total Assets (Beginning of Year) | $849M |
|---|---|
| Net Assets (End of Year) | $703M |
| Net Income | -$145M |
| Employer EIN | 581134883 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Synovus Financial Corp.)
Sponsor-wide plan assets over time
All Synovus Financial Corp. plans reported in each filing year
- Latest sponsor-wide plan assets
- $856M 21.61322235846076% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,008 | $704M |
| 2023 | 1 | 5,132 | $788M |
| 2024 | 1 | 4,904 | $856M |
Nearby 401(k) Plans in Georgia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Teamster-UPS National 401(k) Tax Deferred Savings Plan $14.7B · 549,610
- Delta 401(k) Retirement Plan $13.2B · 72,820
- Delta 401(k) Retirement Plan for Pilots $11.5B · 12,193
- UPS 401 (K) Savings Plan $11.3B · 107,310
- The Home Depot Futurebuilder $10.7B · 423,174
Scale composition for Synovus 401(k) Savings Plan
Synovus 401(k) Savings Plan reports $704M in end-of-year assets across 5,008 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $140,523 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2022 was -$145M.
This plan identity (EIN 581134883, plan #010) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $704M to $856M (+21.6%) while covered participants moved from 5,008 to 4,904 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,008 | $704M | This page |
| 2023 | 5,132 | $788M | Open filing |
| 2024 · index core | 4,904 | $856M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Synovus 401(k) Savings Plan (401(k), $856M, 4,904 participants)
Synovus 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Georgia, the nearest 401(k) by assets is The Associated Press 401(k) Retirement Savings Plan in NY ($704M); by covered participants it is Regency Integrated Health Services 401(k) Plan in TX (5,012 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($704M here).
- The Associated Press 401(k) Retirement Savings Plan (NY) $704M · 1,403
- Intact USA Retirement Savings Plan (MN) $702M · 1,416
- Heico Savings and Investment Plan (FL) $701M · 4,151
- Kemper Corporation 401(k) Retirement Plan (IL) $701M · 10,087
Similar participant headcount
Nearest other-state filings by covered participants (5,008 participants); asset peers above are excluded.
- Regency Integrated Health Services 401(k) Plan (TX) 5,012 · 4 off
- Crown Castle Inc. 401(k) Plan (TX) 5,002 · 6 off
- Hormel Foods Corporation Tax Deferred Investment Plan a (MN) 5,001 · 7 off
- Multicare Health System 401(k) Plan (WA) 5,001 · 7 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.